50x Surge Alert: Tron (TRX) and Algorand (ALGO) Eye Everlodge (ELDG)'s Potential
The cryptocurrency market is buzzing with speculation as two prominent digital currencies, Tron (TRX) and Algorand (ALGO), set their sights on a new entrant - Everlodge (ELDG).
The potential for a 50x surge for Everlodge during a presale event has piqued the interest of these established players. Let's take a closer look at what could be behind this possible surge.
Everlodge is blazing a trail in the realm of accessible luxury real estate. Anyone, regardless of their net worth or financial standing, can access investments in real estate through Everlodge.
Everlodge achieves this by creating a unique NFT that represents a specific asset. This NFT is then fragmented into manageable pieces, making it easy for anyone to invest in the real estate market.
The Launchpad is more than just a trading platform; it connects real estate titans with the broader populace, democratizing access to top-tier property ventures. Finally, a revolutionary blockchain-based platform has arrived to make it easier for everyone to invest in luxury real estate.
Adding to its allure, the Rewards Club offers its patrons delightful sojourns in properties worldwide. These lavish getaways can even be flipped for gains on the Everlodge platform itself. It is a win-win scenario for both investors and travelers alike.
The ELDG token serves as more than just a transaction medium. It is the gateway to an array of sought-after privileges, from enticing staking advantages to exclusive rate reductions. The current price of $0.012 represents a 20% gain, but with the possibility of a 50x surge, it is understandable why Tron and Algorand are looking to join in on the potential upside.
Tron (TRX): From Layer-1 to the Lure of Everlodge (ELDG)'s Real Estate Promise
Justin Sun's brainchild has been shaking up the digital currency landscape since its launch in 2017. Tron has a goal of decentralizing the web to give power back to the people, and it even bought Bit Torrent to further this mission.
Yet, as the years rolled on, the sheen of Tron began to wane. From a high of $0.30 in 2017, Tron's price now sits at $0.07707 after the bear market dragged it all the way to $0.044 in 2022.
Despite boasting an impressive total value locked (TVL) of $5.50 billion, it pales in comparison to Ethereum's gargantuan $30 billion TVL. This gap highlights Tron's uphill battle in challenging Ethereum's entrenched status and widespread acceptance.
Everlodge is targeting a $280 trillion real estate sector while Tron struggles in the layer-1 arena. As such, some of Tron's earliest holders are switching their attention to ELDG, hoping to cash in on the potential of a 50x surge.
Algorand is a project founded by MIT professor Silvio Micali, with its layer-1 blockchain aimed at powering digital transactions for global economies. Notably, Algorand is working on building a Web3 tech revolution in India, which boasts the second-largest population in the world.
However, the impact on Algorand's TVL has been minimal, especially when compared to the sheer size of the Ethereum juggernaut. Currently, Algorand's TVL stands at a paltry $43 million, representing a mere fraction of Ethereum's eye-popping $30 billion TVL.
The value of Algorand's native token, ALGO, has plummeted from its peak of $3.28 to just $0.093 today. The drop below the $0.10 mark spells trouble for Algorand, which is in danger of being considered a failed project.
Of course, this is exactly why ALGO holders are turning their attention to Everlodge. As the potential 50x surge looms ahead, Algorand holders are selling refuge before the Algorand price falls any further.
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